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SSOCIATES, IN <br />, <br />Consulting Engineers —Fond Surveyors <br />December 13, 1989 <br />CITY COUNCIL <br />CITY OF LITTLE CANADA <br />515 East Little Canada Road <br />Little Canada, MN 55115 <br />RE: COUNTRY DRIVE STATE AID CONSTRUCTION <br />Dear Councilmembers: <br />500 West Highway 96 <br />St. Paul, Minnesota 55126 <br />4843301 <br />-(?3 <br />Pursuant to your request, we have prepared a new estimate of the <br />upgrading of Country Drive as follows: <br />Construction $289,703 <br />Contingency 28,970 <br />Legal 17,382 <br />Fiscal 17,382 <br />Administration 5,794 <br />Engineering 52,147 <br />Sub Total $411,378 <br />Capital Interest 41,138 <br />GRAND TOTAL $452,516 <br />We are also attaching a copy of the most recent Status of Municipal <br />State Aid Accounts showing a balance available of $284,546.00. <br />A final payment of about $75,000.00 should be subtracted for the final <br />payment on Demont. This would have a balance of $209,546.00. <br />The 1990 allotment should equal the 1989 allotment of $172,000.00. <br />This would bring the new balance available to $381,546.00. <br />The only remaining municipal state aid street to be upgraded is <br />Labore Road from Desoto to Edgerton. <br />Page 11 <br />